Veidekke ASA: To build new residential units for Terrester AB in Torslanda, Sweden

Veidekke has been commissioned by Terrester AB to build the Spitfire neighbourhood, comprising two residential buildings with altogether 75 flats and five semidetached homes, in Amhult in Torslanda near Gothenburg. The design-and-build contract is valued at approx. SEK 135 million and the project is scheduled for completion in the spring of 2023.

“Veidekke has built several outstanding projects in Gothenburg and is a contractor in whom we have great confidence. We look forward to a rewarding and fulfilling collaboration,” says Maria Nord Loft, CEO of Amhult 2.

“We are very proud that Terrester AB has entrusted us with this project, and we look forward to a close and productive cooperation,” says Anders Holmqvist in Veidekke Bygg Väst.

The Spitfire neighbourhood will offer everything from small, space-efficient studio flats to four-room flats and semidetached homes with separate entrances. All flats have either a patio or a balcony, and the residents can also enjoy their own green courtyard. From the central location in Amhult, residents will have easy access to shops and communications.

The contract is included in the order book for the current quarter.

For more information, contact:
Charlotta Nilsén, EVP Veidekke Construction Sweden, ph. +46 070-600 30 87

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Veidekke is one of Scandinavia's largest contractors. In addition to undertaking all types of building and civil engineering assignments, the group also maintains roads and produces asphalt and aggregates. Veidekke emphasises stakeholder involvement and local experience. Its annual turnover is approximately NOK 38 billion, and half of its 8,000 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange, and has posted a profit every year since its inception in 1936.